A £7.975 million apartment above Colbert on Sloane Square provides indication of the playground for the international super-rich that Chelsea has become
Chelsea has long been considered the preserve of wealthy aristocrats but in recent years, part due to changes in policies by Earl Cadogan’s estate management team, those living in the area have become ever more international. European supercar driving sorts have replaced Ann Barr’s English ‘Sloane Rangers’ and the sale of a “grand” Sloane Square apartment very much proves this point. Priced at an extraordinary £7,975,000, this 1,898 square foot second floor lateral truly shows where the market has gone.
Situated above the popular Corbin & King owned dining spot Colbert at 48 Sloane Square and redeveloped over 14 months by George Philippedes, a Greek property developer and managing director of Aristo, this 3-bedroomed apartment features seven windows overlooking Sloane Square, high ceilings, two balconies and Art Nouveau and Art Deco styling.
Given the audience Philippedes is seeking to sell to, no expense has been spared on the architectural detailing. It took an artist 18 weeks to hand paint the motif design and gold leaf ribbon on the hand-dyed emerald green Chinese silk wallpaper in the dining room whilst a pair of bronze gates and panels in the same room took artisans in Udine, Italy took some 1,000 hours to design and create.
During renovations Philippedes discovered a newspaper from 1904 under the floorboards. It is from the year the block was built and has been framed and placed on the wall of one of the bedrooms. If the person who’d put it under the floorboards originally were able to return, they most certainly wouldn’t recognise what Chelsea has now become: A playground for the international super-rich.
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